First Mover Americas: Aptos Rallies While Major Cryptos Trade Lower

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First Mover Americas: Aptos Rallies While Major Cryptos Trade Lower
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The latest price moves in crypto markets in context for Sept. 25, 2023.

A token that’s designed to fool users into thinking it's an authentic version of Aptos temporarily

Aptos’ APT token was one of the only digital asset tokens trading in the green on Monday, rallying 10% over the past 24 hours. On Friday at 08:00 UTC, a total of 1.217 million bitcoin and ether options contracts with a notional value of $4.8 billion willRoughly 10% or 117,000 contracts out of the total are tied to bitcoin, while the rest are ether options. On Deribit, one options contract represents one BTC and one ETH. Options are derivatives that give the purchaser the right to buy or sell the underlying at a predetermined price at a later date.

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